2025 Non-Employee Director Fees

$119,000 shall be paid in cash

$167,000 shall be paid in shares of Company stock

In addition to the above Board and Committee retainer, the following amounts shall be paid 50% in cash and 50% in shares of Company stock:

$350,000    Chair of the Board

$30,000    Audit Committee chair

$25,000    Compensation and Organization Committee chair

$20,000    Finance Committee chair

$20,000    Governance Committee chair

$7,500        Audit Committee members (excluding the Audit Committee chair)

The retainers will be paid quarterly in arrears. Prior to the beginning of a calendar year, a non-employee director may elect to (i) receive shares of Company stock in lieu of the cash portion of any retainer (such election to be made in 10% increments) and/or (ii) defer all or a portion of any cash or stock retainer in accordance with the terms and conditions of the Company Supplemental Retirement Plan.